Amending the Railroad Retirement Act of 1937: Hearing, 89-1, June 29, 19651965 - 34 pages |
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Page 1
... enactment of that bill would have increased that deficit by $ 14 million a year to a total of about $ 33.5 million a ... enacted , the acturial deficit of the railroad retirement system would be increased , according to the actuary of ...
... enactment of that bill would have increased that deficit by $ 14 million a year to a total of about $ 33.5 million a ... enacted , the acturial deficit of the railroad retirement system would be increased , according to the actuary of ...
Page 3
... enacted by the Senate and House of Representa- 2 tives of the United States of America in Congress assembled , 3 That subsection ( e ) of section 2 of the Railroad Retirement 4 Act of 1937 ( 45 U.S.C. 228b ( e ) ) is amended by changing ...
... enacted by the Senate and House of Representa- 2 tives of the United States of America in Congress assembled , 3 That subsection ( e ) of section 2 of the Railroad Retirement 4 Act of 1937 ( 45 U.S.C. 228b ( e ) ) is amended by changing ...
Page 4
... enactment of the bill . The amendment would apply to annuities paid in lump sums equal to their commuted value because of a reduction under section 2 ( e ) of the act as now in effect . It is estimated that the additional costs of the ...
... enactment of the bill . The amendment would apply to annuities paid in lump sums equal to their commuted value because of a reduction under section 2 ( e ) of the act as now in effect . It is estimated that the additional costs of the ...
Page 9
... Enactment of the bill would three- fore increase the present actuarial deficiency to approximately 0.76 percent of taxable ... enacted for the first time by the 1951 amendments to the Rail- road Retirement Act . This provision was in ...
... Enactment of the bill would three- fore increase the present actuarial deficiency to approximately 0.76 percent of taxable ... enacted for the first time by the 1951 amendments to the Rail- road Retirement Act . This provision was in ...
Page 12
... enactment of H.R. 3157 by itself would be approximately $ 14 million a year , or 0.32 percent of taxable payroll ; when considered in conjunction with H.R. 6675 , the extra net costs would be even somewhat greater . The enactment of ...
... enactment of H.R. 3157 by itself would be approximately $ 14 million a year , or 0.32 percent of taxable payroll ; when considered in conjunction with H.R. 6675 , the extra net costs would be even somewhat greater . The enactment of ...
Common terms and phrases
$14 million 1951 amendments 89th Congress actuarial deficit additional taxes amend the Railroad AMERICAN RAILROADS amount equal annual taxable wages BEATTIE bill H.R. calendar month Chairman CLAIBORNE PELL current maximum annual defined in section dual benefits enactment of H.R. entitled equal to one-twelfth financing FINNEY FINNIGAN HABERMEYER income increased taxes Internal Revenue Code level basis maximum annual taxable ment monthly National Railroad Pension paid payments payroll assumption percent of taxable Railroad Pension Forum railroad retirement account Railroad Retirement Act railroad retirement annuity Railroad Retirement Board railroad retirement system Railroad Retirement Tax railroad system Railway Labor record reduce the deficit restrictions section 2(e Senator FANNIN Senator PELL Social Security Act social security benefit social security pension social security system social security taxes spouse's benefit Subcommittee on Railroad Subsection tax base tax rate taxable payroll taxable wage base U.S. SENATOR WAYNE MORSE whichever is greater wife wife's benefit